Question
The social surplus from the goods that are sold in a market without externalilties equals a.consumer surplus minus producer surplus. b.the elasticity of demand times
The social surplus from the goods that are sold in a market without externalilties equals
a.consumer surplusminusproducer surplus.
b.the elasticity of demandtimesthe equilibrium price.
c.value to buyersminusprofit to sellers.
d.value to buyersminuscost to sellers.
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Marketing
Authors: John McMurry, Robert Fay
13th Edition
125973806X, 9781259738067
